Author: Erick Parel

Secretary Scott Bessent has levers he can still pull to keep oil prices stable for a few weeks – Key Points from his Interview on Fox

Energy News Beat As the U.S.-Israel conflict with Iran roils global energy markets and pushes benchmark crude above $100 per barrel at times, Treasury Secretary Scott Bessent is wielding sanctions policy like a supply-side tool. With the Strait of Hormuz under pressure and Iranian exports partially disrupted, Bessent has already pulled several levers — temporary […]

National Petroleum Reserve–Alaska Has New Bids Opened

Energy News Beat The Bureau of Land Management (BLM) opened bids yesterday for the first competitive oil and gas lease sale in the National Petroleum Reserve–Alaska (NPR-A) since 2019 — and the results are stunning. Industry submitted 430 bids on 187 tracts covering approximately 1.335 million acres out of the 5.5 million acres offered across […]

QatarEnergy’s Pearl GTL Complex Hit in Iranian Strike: Fires Rage at Ras Laffan – Critical Air Separation Units Likely Destroyed, Multi-Year Outage Expected

Energy News Beat Ras Laffan Industrial City, Qatar In a dramatic escalation of the Iran-Israel conflict spilling into the Persian Gulf, QatarEnergy’s flagship Pearl Gas-to-Liquids (GTL) complex — the world’s largest — has been struck and is burning. Satellite thermal imaging from FIRMS (Fire Information for Resource Management System) shows multiple active hot spots across […]

South Pars Gas Field Strike: US-Israeli Drones Hit Iran’s Energy Lifeline – Production Hit, Markets Spike, and Tehran Targets Gulf Facilities in Retaliation

Energy News Beat In a major escalation of the ongoing U.S.-Israeli war with Iran, strikes hit key processing facilities tied to the world’s largest natural gas field — Iran’s South Pars — today, knocking out critical infrastructure that supplies the bulk of the country’s energy needs. Iranian state media and multiple international reports confirm the […]

Texas Gets A Refinery – Energy Security Starts at Home – Energy Dominance is displayed through your exports

Energy News Beat This is a fun discussion with John Calce, Founder and Chairman of Element Fuels and America First Refining. This podcast is hosted by Stu Turley, Energy News Beat Host, and David Blackmon is the host of the Energy Impacts Podcast. Don’t kid yourself, with the geopolitical issues around the world right now, […]

What will higher oil prices mean for US oil and gas companies?li

Energy News Beat Energy News Beat Analysis – March 2026 Oil prices have spiked in early 2026 amid escalating Middle East tensions, with WTI futures recently trading in the $75–$90+ range and Brent pushing even higher on supply disruption fears. Geopolitical risks around the Strait of Hormuz have flipped the script from the soft-price environment […]

Hawaii’s Gas Bid Advances on Japan Plan for Power Plant, Imports – It’s about time

Energy News Beat Energy News Beat – March 18, 2026 HONOLULU — Hawaii is moving decisively to break its decades-long dependence on expensive imported petroleum for electricity, with Japan’s largest power company, JERA Co., delivering a detailed blueprint that puts a new LNG-to-power solution firmly on track. The proposal, shared after a closed-door meeting with […]

U.S. Planning First New Coal Power Plant Since 2013 in Alaska

Energy News Beat In a significant development for U.S. energy security and Alaska’s Railbelt grid, Terra Energy Center (an Alaska-focused affiliate advancing what was previously known as the Flatlands Energy project) has secured a $1 billion investment commitment and an in-principle agreement with Hyundai Heavy Industries Power Systems for power-plant boilers. The U.S. Interior Department […]

LNG Markets in Flux with Saudi Still Shut in

Energy News Beat The global LNG market is in full turmoil following the March 2026 escalation in the Middle East. Saudi Arabia’s Ras Tanura refinery — the kingdom’s largest domestic facility at 550,000 barrels per day and a critical export terminal — remains shut after drone strikes, part of a broader wave of precautionary closures […]

Energy Security is Center Stage

Energy News Beat It is a wild news cycle, and Energy Security is in every single news story – Buckle up. The gang from Bulgaria, the US, and the UK is rolling. We are going to talk about the top energy topics rolling around the world. We were live on YouTube and LinkedIn, and we […]